Posted: June 7, 2012 by Ty in Spirituality

National Post | Life

Italian prosecutors questioned the former head of the Vatican bank, Ettore Gotti Tedeschi, on Wednesday as part of an investigation into money laundering a day after searching his house and former office, judicial sources told Reuters.

In a search carried out following a request by Naples prosecutors investigating a separate case for alleged corruption into defense group Finmeccanica, the magistrates found documents related to the Vatican bank IOR.

“The examination of the material acquired yesterday found documents of investigative interest for Rome prosecutors,” said Alessandro Pennasilico, acting chief prosecutor in Naples.


IOR has been in the spotlight since 2010 when Italian investigators froze $28.75-million of its funds in Italian banks as part of an investigation into money laundering.

Gotti Tedeschi, a conservative Roman Catholic at the helm of IOR since 2009, was ousted dramatically last month by the bank’s board, which said he had not properly carried out his…

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